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QuidelOrtho sees ~$50M in cost savings in 1H25

QuidelOrtho sees ~$50M in cost savings in 1H25

Sees cost-savings of approximately $50M in 1H 2025 from previously announced $100M annualized cost-savings initiatives; $30M-$50M of additional cost-savings in 2025; Positive adjusted free cash flow with 25%-30% of adjusted EBITDA conversion; Interest expense of $158M-$162M; Capital expenditures of $160M-$170M, excluding instruments under reagent rental agreements and integration costs. Comments taken from investor presentation slides.

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